Trimble Inc. (NASDAQ:TRMB) Senior Vice President, AECO, Mark David Schwartz, sold 16,725 shares of common stock on April 16, 2026, at a price of $67.01, for a total value of $1.12 million. The stock has since climbed to $69.29, trading below InvestingPro’s Fair Value estimate, suggesting the company may be undervalued at current levels.
According to a Form 4 filing with the Securities and Exchange Commission, Schwartz also acquired shares of Trimble. On April 15, he acquired 10,757 shares, 3,585 shares, 2,700 shares, 6,032 shares and 5,996 shares at a price of $66.51, for a total value of $953886 and $979559. The filing also indicates the disposition of 4,582 shares, 1,318 shares, 1,182 shares, 2,639 shares and 2,624 shares on April 15 at a price of $66.51, for a total value of $821065.
The sales were executed under a Rule 10b5-1 trading plan, which was established on November 7, 2025. For deeper insights into Trimble’s valuation and financial health, investors can access the comprehensive Pro Research Report, available for this and 1,400+ other US equities.
In other recent news, Trimble has announced its agreement to acquire Document Crunch, a company specializing in AI document analysis and risk management for the construction industry. This move aims to enhance Trimble’s construction software capabilities by integrating document intelligence and compliance automation. In the realm of financial analysis, KeyBanc has maintained its Overweight rating on Trimble, highlighting the company’s strong positioning in AI. Similarly, Bernstein has reiterated its Outperform rating, noting Trimble’s potential as a leader in AI, despite some market concerns.
On the other hand, Oppenheimer has adjusted its price target for Trimble from $102 to $86, while still maintaining an Outperform rating, attributing the change to broader software market conditions. Additionally, Trimble reported that it exceeded fourth-quarter earnings expectations by 4%, with guidance for 2026 slightly above estimates, although first-quarter guidance was slightly below expectations. In corporate developments, Peter Large, Senior Vice President at Trimble, has announced his retirement effective May 2026, with no disagreements cited regarding his departure. These updates reflect Trimble’s ongoing activities and market positioning.
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